The Executive Director of the Peasant Farmers Association of Ghana, Dr. Charles Nyaaba says maize prices are expected to increase in the first quarter of 2023.
Speaking on Joy Prime, Dr Nyaaba said maize production in the country has dwindled, thus, forcing Ghana to import the cereal from Côte d'Ivoire and Burkina Faso.
However, due to the high demand for the product, pricing of the commodity will be affected when the maize season is over in the neighbouring countries.
"Maize farmers suffered in 2021, so the general supply of maize has gone low but there has been high demand.
"So come February, March, April thereabout, the maize in terms of supply will further reduce and the prices will go high because the Burkinabés and the Togolese would've finished mopping up what is in the field,” he stated on Monday.
He noted that since maize is a major component in the feed of poultry, managers of poultry farms will be hit hard.
He therefore, urged them to purchase the cereal now that prices are affordable.
“I’ve been telling the poultry farmers that there’s nothing we can do, they should try at this point to also buy some and stock so that in the late season they could also process and use it to feed the birds,” he stated.
Maize is a major staple in the Ghanaian setting, however, in just 10 months the price has risen astronomically, affecting many consumers.
Government, however, is optimistic that things will get better.
Latest Stories
-
World Bank’s food price index eases; maize, wheat prices hit 3-year low
6 mins -
2020 polls all about pulling Ghana back from precipice of destruction, corruption – Naana Jane
9 mins -
Guru expresses interest in contesting SRC election at UG
16 mins -
Oil prices projected to average $84 in 2024 – World Bank
26 mins -
Meet 2 Ghanaian entrepreneurs on a mission to connect 1m African professionals to global companies by 2034
57 mins -
NCA approves Starlink’s satellite broadband application
58 mins -
Government orders FGR to revamp mining operations; assures workers of commitment to their welfare
1 hour -
Arne Slot philosophy could suit Liverpool – Van Dijk
1 hour -
EC replies Mahama: You also appointed someone who was tagged NDC
1 hour -
See colourful outdoor of Prof Naana Opoku-Agyemang as NDC’s running mate
2 hours -
Akufo-Addo commissions 15MWP Kaleo Solar Power Plant
2 hours -
GCB Bank PLC leads African financial integration, hosts ZICB delegation
2 hours -
Empowering Girls in ICT: FAWE Ghana advocates for gender equality in the Tech sector
3 hours -
Rangnick ‘contacted by Bayern Munich’ about manager job
3 hours -
Winneba Youth Choir celebrates 35th Anniversary with Aseda Concert sponsored by Fidelity Bank
4 hours